Hello. Corporate security leaders are seeing a benefit from the coronavirus pandemic: a rise in stature. Chief information security officers moved quickly to get cyber measures in place to protect the hundreds of thousands of employees sent home to work earlier this year. Now, at some companies contemplating at least a partial return to the office, CISOs are helping shape the plan with other senior executives. WSJ Pro’s Catherine Stupp and James Rundle report on the shift in Europe and the U.S.
Other news:
Walgreens
and CVS report breaches of customer prescription data after looting during civil unrest; election tech vendors to give hackers more cover to test their systems; and beware email that looks to be from
Amazon
or Google, researcher warns.
CISO Rising
Pandemic elevates security chiefs to corporate leadership roles. Companies have faced an onslaught of attempted cyberattacks since the start of the pandemic as employees receive huge volumes of phishing and scam emails and hackers aim ransomware at health-care providers.
To make it through the turbulence, companies around the world and in every sector are relying on security experts who were sometimes sidelined by management in the past, but are now rising in prominence. The remit for corporate security chiefs goes well beyond tech bugs and hacker tracking to encompass broader business risks.
“The executives and the board recognize that they’re a trusted adviser on what’s going on right now,” said Michael Piacente, the co-founder and managing partner of Hitch Partners, a recruiting firm that specializes in finding cybersecurity and technology professionals.
CISOs are more likely to retain their newly elevated status if they have experience in related areas such as risk management, said Andrea Bonime-Blanc, chief executive of GEC Risk Advisory LLC, a New York-based firm that advises boards and executives about cybersecurity and risk management.
Read the full story.
Big Number
10.9%
Portion of the overall technology budget that financial firms spend on cybersecurity, according to research from the Financial Services Information Sharing and Analysis Center and Deloitte & Touche LLP. That’s up from 10.1% last year.
More Cyber News
Data breaches follow looting of pharmacies. Cub Pharmacy, CVS and Walgreens reported the compromise of patient data after looters broke into several of their retail stores during incidents of civil unrest, GovInfoSecurity reports. Walgreens saw break-ins at 180 stores in late May and early June, resulting in the breach of prescription and personal data about 72,143 individuals. Intruders took paper records and computer devices. CVS reported similar incidents affecting 21,289 customers. Cub said six stores were broken into in the Minneapolis area.
Hackers get green light to test election voting systems. Election Systems & Software LLC, the top U.S. seller of voting-machine technology, is calling a truce in its feud with computer-security researchers over the ways they probe for vulnerabilities of the company’s systems. Chief Information Security Officer Chris Wlaschin will detail a new vulnerability disclosure policy, which spells out, for example, the “safe harbor” protections that ES&S will provide legitimate researchers if they identify and notify the company of bugs in its systems, The Wall Street Journal reports. The company’s move comes after the Department of Homeland Security last week urged more cooperation between security researchers, election officials and vendors.
’Demonize.’ Sen. Ron Wyden (D., Ore.), who has been critical of the sector, said: “Rather than welcoming the contributions of these researchers with open arms, ES&S and companies like it have repeatedly attempted to demonize cybersecurity researchers and discredit their work.”
Beware email purporting to be from Amazon or Google. Amazon and Google tied for first place as the most-imitated brand in phishing attacks in 2020’s second quarter, Dark Reading reports. The rest of the top 10 are WhatsApp,
Facebook
,
Microsoft
,
Outlook,
Netflix
,
Apple, Huawei and
PayPal
,
according to research from cybersecurity firm
Check Point Software Technologies
Ltd.
Technology, banking and social networking are the sectors most often spoofed.
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source https://jobsearchtips.net/cyber-daily-security-chiefs-make-career-gains-during-pandemic-walgreens-cvs-report-breaches-after-looting-fake-email-favorites/
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